West Perth-based Western Areas has begun the tender process for nickel concentrate offtake that will be available after the expiry of its contract with Jinchuan Group later this year.
Fox Resources says it is in talks with shareholder Jinchuan Group to extend a current offtake deal and a possible $20 million funding agreement for its Radio Hill nickel-copper project in the Pilbara.
Pilbara nickel explorer and producer, Fox Resources Ltd today announced that China's largest nickel producer, Jinchuan Group Limited, has successfully concluded a strategic agreement to take an equity stake in the company.
Pilbara nickel explorer and producer, Fox Resources Ltd, has entered into a new strategic offtake agreement with Jinchuan Group Ltd for the sale of a second stream of nickel in concentrate from the company's Radio Hill operations in Western Australia.
West Perth-based mineral explorer Albidon Ltd has signed an offtake agreement for its Munali Nickel Project in Zambia with Chinese giant Jinchuan Group Ltd worth over US$25 million.
Shares in Fox Resources Ltd have surged over 10 per cent today after announcing it had signed an offtake agreement with Jinchuan Group Ltd in Shanghai, China, for all copper concentrate sales from its West Whundo copper-zinc project.
24 May 2006
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